All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Ethics
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II. Enables managers to use their competence and skills for the benefit of the enterprise.
III. Helps managers to make decisions that minimize wastage and at the identical time, maintain a consistent effort in reward standards.
(a) Only (I) above
(b) Only (II) above
(c) Only (III) above
(d) Both (I) and (II) above
(e) Both (II) and (III) above.
10. Governance is concerned with the intrinsic nature, purpose, integrity and identity of the institution. Corporate management is more of hands on activity. Which of the subsequent is/are actual regarding corporate management?
I. External focus.
II. Management assumes an open system.
III. Task oriented.
IV. Concerned with where the company is going.
(a) Only (I) above
(b) Only (III) above
(c) Both (I) and (IV) above
(d) (I), (II) and (III) above
(e) All (I), (II), (III) and (IV) above.
11. When relationships among peers, superiors and subordinates are based on trust, there is less friction among employees and a reduction in employee turnover. Jitendra Mishra and Molly Morrissey have identified which of the subsequent factor(s) that promote trust in an organization?
I. Open communication.
II. Sharing of critical or important info.
III. Encouraging employee participation in decision-making.
IV. Sharing of perceptions and feelings.
(a) Only (I) above
(b) Both (I) and (III) above
(c) Both (II) and (IV) above
(d) (I), (III) and (IV) above
(e) All (I), (II), (III) and (IV) above.
12. Managers generally adopt various ethical standards when carrying various tasks. They justify their behavior in resolving the dilemma rationalization. According to Gelleraman, a manager uses which of the subsequent rationalizations?
I. They will be protected by their family.
II. Their actions are aimed at the individuals or corporations best interest.
III. Their actions are within reasonable ethical and legal limits.
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